Problem 15.12 Hardy Auto Insurance claims X are represented by a Weibull distribution with parameters α = 2 and θ = 400. It is found that the claim sizes are inflated by 30% uniformly. Calculate the probability that a claim will be at least 90 counting infla- tion.

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Problem 15.12

Hardy Auto Insurance claims X are represented by a Weibull distribution with parameters α = 2 and θ = 400. It is found that the claim sizes are inflated by 30% uniformly.

Calculate the probability that a claim will be at least 90 counting infla- tion.

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